Regular marked price: $79.95Discount Price: $50.37
Cost Savings: $29.58 (37%)Price fluctuation possible.
How soon does it ship: Normal ship time within one day
Shipping? Absolutely FREE if you qualify for Super Saver Shipping.
Type of bind: Hardcover
Dewey Decimal Number: 332.63221
EAN num: 9780471647881
ISBN number: 0471647888
Label: Wiley
Manufacturer: Wiley
Quantity: 1
Page Count: 512
Printing Date: July 30, 2004
Publishing house: Wiley
Sale Popularity Level: 1069326
Studio: Wiley
Other books you might be interested in perusing:
Editor's Notes and Comments:
Product Description:
A modern approach to equity valuation
Understanding the key ingredients that combine to affect price/earnings (P/Es) is of crucial importance to the investment process. In Franchise Value, Martin Leibowitz tackles the imposing task of determining what really has an impact on P/Es. The author shows why he subscribes to the conventional logic that the P/E gauges the market's assessment of the firm's future. He then introduce readers to the franchise-value approach to analyzing the prospective cash flows that determine a company's P/E. The franchise-value approach to valuation enables the analyst or investor to break the firm into two key component parts and to value those components. The franchise value approach is original and insightful, and with this book, readers can begin to implement this approach to perform better equity valuations.
Martin L. Leibowitz, PhD (Stamford, CT), is Vice Chair and Chief Investment Officer at TIAA-CREF, where he is responsible for the overall management of all TIAA-CREF investments. He has authored several books and more than 130 articles, nine of which have received a Financial Analysts Journal Graham and Dodd Award of Excellence.
Find other books like this one:
